Axactor Group News

Axactor ASA announces first quarter financial results

Written by Migrated Content | May 29, 2026 5:00:00 AM

Key figures Q1 2026 (Q1 2025 in brackets)*

  • Gross revenue of EUR 75m (EUR 77m)
  • Total revenue of EUR 53m (EUR 65m)
  • EBITDA of EUR 22m (EUR 32m)
  • Cash EBITDA of EUR 45m (EUR 47m)
  • Net profit after tax of EUR 1m (EUR 10m)
  • NPL investments of EUR 37m (EUR 5m)

"The most important aspect in this report is the events after the quarter. On 28 April Axactor announced a transformational transaction backed by Fortress and Geveran to support next phase of growth" says CEO Johnny Tsolis.

He further adds: “Geveran and Fortress are two of the most respected names in the industry. The transaction and our co-investment agreement with Fortress provides significant investment capacity, superior underwriting capabilities and an extensive NPL deal sourcing network. The new and stronger balance sheet is expected to result in a significantly lower cost of funding, increased investment capacity, and attractive collection performance, supporting substantial shareholder distribution capacity going forward”

Shortly after the announcement of the transaction, Axactor successfully completed a new 4.25-year senior unsecured floating rate bond issue of EUR 100 million with a coupon of 3m EURIBOR + 3.90%.

"Our newly issued bond (ACR06) with a record-low margin for the company confirms strong market confidence in our transformation and marks a step-change in funding cost" states Mr. Tsolis.

Presentation

10:00 am CEST, 29 May 2026: The results will be presented in a global investor webcast with a live Q&A session. A recording of the webcast will be made available here after the live stream is concluded.

Participation will be possible via the options below. Please note that you need to register before you will be provided with access credentials.

Webcast:
> https://events.q4inc.com/attendee/776971527

Phone:
> https://registrations.events/direct/Q4I1853262474000000000000

Documents

> Quarterly Report - Q1 - 2026 (PDF)
> Axactor Q1-2026 Presentation (PDF)

* EBITDA and other alternative performance measures (APMs) are defined and reconciled to the IFRS financial statements as a part of the APM section of the financial report.